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Thursday, February 25, 2010

Nissan to showcase new small car at Geneva auto show

Nissan Motor Company, Japan's third largest automaker will showcase its new global compact car next month at the Geneva International Motor Show along with a host of other vehicles such as the Juke small crossover and the Leaf Electric Vehicle.

The new global compact car which will replace the March/Micra in many international markets will be sold in India from May onwards.

It is the first new model to be developed on Nissan's all new V Platform and will be manufactured in five countries, including Thailand, India, China and Mexico. The company is yet to finalise the fifth plant.

The production of this model will commence in May 2010 in India and will be manufactured at the plant that is coming up at Oragadam in Chennai. The car will also be made available in more than 150 countries of which a substantial part will be served by the Indian plant.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Jun 11
18:00 Consumer Price Index (YoY) 3 2.4% 2.5% 2.3%
18:00 Consumer Price Index n.s.a (MoM) 1 321.465 320.795
18:00 Consumer Price Index ex Food & Energy (YoY) 3 2.8% 2.9% 2.8%
18:00 Consumer Price Index ex Food & Energy (MoM) 3 0.1% 0.3% 0.2%
18:00 Building Permits (MoM) 1 -6.6% 2.2% -5.3% Revised from -4.1%
20:00 EIA Crude Oil Stocks Change 1 0.100M -4.304M
22:30 10-Year Note Auction 1 4.342%
23:30 Monthly Budget Statement 2 $-325B $258B
Thursday, Jun 12
04:15 Electronic Card Retail Sales (YoY) 1 -0.3% -0.3%
04:15 Electronic Card Retail Sales (MoM) 1 0%
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